Navy Funds

Latest US Navy Contracts

The Department of Defense anounce contract awards to Huntington Ingalls, Lockheed Martin, & Electric Boat. Huntington Ingalls Inc., Newport News, Va., is being awarded an $18,232,027 modification to previously awarded contract (N00024-08-C-2110) for special tooling, special test equipment, and supplier related vendor support services supporting the Gerald R. Ford (CVN 78) construction.  The work will be performed in Newport News, Va., and is expected to complete in September 2015.  Fiscal 2011 Shipbuilding and Conversion, Navy funding in the amount of $18,232,027 will be obligated at time of award.  Contract funds will not expire at the end of the current fiscal year.  The Naval Sea Systems Command, Washington D.C., is the contracting activity. Lockheed Martin, Mission System and Training, Baltimore, Md., is being awarded a $17,077,638 cost-plus-award-fee order against the previously awarded Basic Ordering Agreement (N00024-12-G-2317) for the execution of the post-shakedown availability (PSA) for USS Fort Worth (LCS 3).  Lockheed Martin will provide labor and material to perform the PSA in accordance with work item specifications and accomplish all testing, including post repair trials, required to verify the accuracy and completion of all shipyard work.  Work will be performed in San Diego, Calif., and is expected to be completed by July 2013

Navy Contracts for BAE, Norfolk & IMIA, Bremerton

The following two contracts have been awarded by the U.S. Department of Defense. BAE Systems Norfolk Ship Repair, Norfolk, Va., is being awarded a $48,628,316 modification to previously awarded contract (N00024-10-C-4308) for the USS Laboon (DDG 58) fiscal 2013 extended drydocking selected restricted availability.  An extended drydocking selected restricted availability includes the planning and execution of depot-level maintenance, alterations

Northrop Grumman Wins $81.3M Navy Contract

The U.S. Navy has awarded an additional $81.3 million to Ingalls Shipbuilding, a Northrop Grumman company, for the continuation of work towards the construction of an eighth WASP (LHD 1) Class large-deck multipurpose amphibious assault ship. Seven of the ships, designed to carry some 2,000 U.S. Marines to world trouble spots, have already been delivered to the Navy by Ingalls, with six of them active in the fleet. USS IWO JIMA (LHD 7) was commissioned in Pensacola, Fla., June 30.

Northrop Grumman Opposes Cuts to Destroyer

The AP has reported that cuts to a Navy destroyer program could devastate the nation's shipbuilding capabilities and deal a major blow to developing future surface combatants, Northrop Grumman's shipbuilding chief and others warn. The Pentagon has considered cutting as much as $15 billion from weapons and development programs in next year's budget to offset the cost of the war in Iraq. Senate and House leaders differ on just how much money should go to DD(X) destroyer program.

US Navy: Fewer Ships and No funds for DD-X?

The U.S. Navy proposes to build four new ships in 2006, with no funding earmarked for the new DD-X destroyer being designed by Northrop Grumman Corp., Reuters reported. It appears that rising fuel costs, health care costs and Iraq war costs have effectively conspired to sap the navy budget. According to Reuters, it calls for the Navy to spend $6 billion in 2006 to build one of the two Northrop LPD-17 amphibious assault ships initially planned; one Littoral Combat Ship; one T-AKE logistic

U.S. Navy Funds Two More Austal-Built LCS

Austal USA’s order backlog has grown by $691 million dollars as a result of two additional Littoral Combat Ship (LCS) contract options being exercised by the United States Navy. The contract options fund construction of the Gabrielle Giffords (LCS 10) and Omaha (LCS 12), the third and fourth ships in the 10 ship block buy award made to an Austal-led team in December 2010. That 10 ship program is potentially worth over $3.5 billion.

GD Takeover of NNS Could Curb Competition Within U.S. Warship Construction

General Dynamics Corp.'s contested $2.1 billion plan to take over Newport News Shipbuilding Inc. could stifle competition in U.S. warship building, a congressional analysis released Tuesday showed. The new company would account for about 70 percent of U.S. warship revenues and 82 percent of the in-house designers and engineers, the non-partisan Congressional Research Service said in a May 22-dated report. It also would get more than 95 percent of Navy research and development funds

Navy Re-Charters WestPac Express

The Austal-built WestPac Express has been re-chartered by the U.S. Navy for a further period of up to 55 months (commencing on the expiry of thecurrent charter in February 2007) in which it will continue to support the operations of the US Marine Corps’ Third Marine Expeditionary Force (III MEF) in the Western Pacific theatre. Originally described as a Theatre Support Vessel (TSV), WestPac Express is now more commonly referred to as a High Speed Connector (HSC)

Gulf Yards to Split $140m for Repairs

Six Gulf Coast shipyards damaged by Hurricane Katrina will split 140 (m) million dollars in repair funds from the Navy, reported the AP. Congress appropriated the funds to shipyards that have existing Navy shipbuilding contracts. The August 2005 hurricane caused about one (b) billion dollars in damages to Northrop Grumman shipyards in Gulfport, New Orleans and Pascagoula. The three shipyards currently employ about 17-thousand people

NSRC: Funding Deficits Will Hamper Naval Efforts

The National Ship Repair Coalition (NSRC) released a comprehensive policy report entitled, "Readiness at Risk: Crisis in American Military Maintenance" to draw attention to the funding emergency facing the United States armed forces. The paper is a compilation of statements and presentations that were delivered by various congressional and Administration officials during this year's 2002 National Ship Repair Conference in Washington, DC.